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IFCI offloads LIC Housing shares

Our Bureau

NEW DELHI: In a bulk deal, IFCI Ltd on Friday netted Rs 68.75 crore by selling 36,66,813 equity shares of LIC Housing Finance Ltd at Rs 187.50 per share.

The deal was done through IFCI Financial Services Ltd on the NSE. The shares sold constitute 4.889 per cent of the paid-up capital of LICHFL, IFCI has said.

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